Rising gilt yields halve DB transfer values

OAC research finds savers who were ‘ill-advised’ to transfer now owed £22,000

Martin Richmond
clock • 2 min read
Rising gilt yields halve DB transfer values

An increase in gilt yields in the third quarter of the year has halved the value of compensation an individual received following a defined benefit (DB) transfer, research from OAC has shown.

OAC - which is part of the Broadstone group - revealed the declining levels of compensation were the result of savers who were "ill-advised" to transfer out of their DB scheme as gilt yields contin...

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